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1. Official channels
What is Hypernet?
Hypernet is a parallel computing protocol, taking advantage of idle computing power on a network of decentralized devices.
Cost: Current centralized data storage centers are spending 70% of the cost of building platforms, hardware
Time: Hypernet connects
Environment: Hypermarkets will reduce the arising need for new devices and large, costly centralized data storage centers.
Latency: The Hypernet allows computing
Security: When decentralized data storage reduces the risk of security attacks and increases security.
Damage: Decentralized computing reduces the risk when the network is disrupted or stolen data on a large scale.
Having read about the Hypernet project for the first time, the analysts themselves felt that Hypernet had the same technology ideas as Blockchain projects like Golem,
So what is the distinction of Hypernet?
Hypernet owns better and more comprehensive programming model than other existing Blockchain projects. Previous models have not really
How does Hypernet work?
Cloud computing is a technological solution that appeared five years ago. In cloud computing, data must be
Hypernet builds on a parallel programming model, also known as the Distributed Average Consensus (DAC). This model is a form of programming that permits multiple algorithms to be executed concurrently. With the support of DAC, Hypernet
Two consensus views:
Hypernet's software infrastructure consists of three main components:
Buyers: Anybody who wants to conduct computational tasks on Hypernet. Buyers will buy computational time on nodes with specifications through smart contract. Buyers will provide work requirements including the number of CPUs, storage capacity, memory, network bandwidth
Sellers: These are people who have computers connected to the Internet. Sellers will value their hardware and equipment when they enter the market. If the price and hardware of the sellers meet the requirements of the buyers, the two parties will sign the smart contract.
Buyers may attach checkpoints in the code that they send to the seller.
To ensure the transaction between buyers and sellers, Hypernet is designed with Process Replication – a means to ensure that the loss of a node does not affect the entire work. In addition, copying the process provides a means for the peer to check other peers that really contribute to the computing they are involving or not. When a peer group is assigned the same data, the peer can ensure that no participant has been cheated by hashing the current results; disclose a part of public information (such as their progress ID) and share this information with the group. The structure of this process is similar to the Proof of Spacetime that has been used in other decentralized projects.
In addition to a team with extensive experience in computer science, Hypernet also has the support from a team of consultants who are experts and CEOs of the world's leading corporations.
Randall Kaplan: Co-founder of Akamai Technologies, the global leader in Content Distribution Network (CDN) services. Randall is also the founder and CEO of JUMP Investors, a venture capital firm that functions as a family office.
Tony Reeves: Financial Director of Global Technology Group for Experian plc. He led his financial strategy of cloud infrastructure.
Joe Urgo: Joseph is the co-founder of District0x,
Hypernet's social media and social networks have not attracted many members and the interaction is not high.
Telegram: 11783 members
Medium: 242 followers
Reddit: 552 readers
Facebook: 1579 followers
Hypernet has not announced
Hypernet releases Hypertoken - a decentralized cryptocurrency ERC-20. Hypernet will provide 1,000,000,000 tokens in the ecosystem. Hypertoken is not mined but will be released when initializing the Hypertoken protocol. Hypertoken is not just the buyer's payment unit paid to the seller when buying the
In a centralized data center, up to 85% of the value of computing can be spent on infrastructure, hardware, maintenance, human resource
Tokens have high utility and are an essential component
Hypernet enables more computing to be safe and secure than centralized data centers thanks to the nature of the dispersion. This is a major advantage for Hypernet over the current centralized alternatives.
The Scheduler and Consensus API MVPs are projected to launch around July, August and the Runtime Environment is announced in December 2018. However, currently, there have been no products to approach and no Github available which makes this project lose points in the development process today.
Before Hypernet, there were many successful projects, which means Hypernet is working in a very competitive technology field. What makes Hypernet different is that the advanced programming model is called Distributed Diffusion (DAC). This new design uses parallel computing rather than grid computing, which allows the distributed computing system to be highly efficient. It is, however, very difficult to assess whether Hypernet has become the dominant network in the industry.
Hypernet's Team Dev has years of experience in the computer science industry but has not had much experience in developing blockchain projects.
Reviewed by ICOgens.com
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*Note: All the information (on icogens.com) including tokens sales, “interest level”, ROI rate, hype rate, risk rate are our subjective opinion and only for informational and educational purposes. The information ICO Gens provides is not an investment advice.
HYPE: is defined as the level of concern over a project and its FOMO. This score is based on the number of people joining a project’s social channels such as Reddit, Telegram, Twitter, Facebook, Bitcointalk, Medium or Slack as well as the number of review articles produced by the third party.
RISK: the risk rate of the project. Based on this score, you can find more spam warnings of the project. More specifically, RISK is about the transparency of the project, its idea, members of the development team, roadmap and whitepaper. (RISK is rated regardless ROI rate of the project).
ROI: (Return on Investment): the rate of profit a project can bring to investors (ROI is considered separately from RISK. ROI can be rated High and RISK can be rated High as well).
TERM: this factor reveals the length of time you should hold token or coin of a project. The period of time can be Short, Medium or Long.
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